Funding Specialist

The Funding Specialist is responsible for file preparations and communications with third parties to ensure a loan is funded properly. This role reviews all documents to ensure accuracy and facilitates timely monetary transfers.

Essential Functions & Responsibilities:

• Prepare File for Funding
• Check all title requirements and recordable documents for validity and insurability
• Release and/or set up wires for disbursement and printing checks
• Work with vendors/attorneys/partners to facilitate the funding of loans on time
• Report any discrepancies, issues, shortages, or funding errors immediately
• Follow up and remediation on daily deposits, delayed fundings, escalations, funding issues, funding exceptions, stale checks, file balances
• Review exception reports to communicate delays and issues to customers
• Work on final funding process: overnight checks, booking or posting wires and deposits, wire confirmations, prepare FFD paperwork
• RDC Deposits and Positive Pay
• Mail out payments, scan documents, follow up on tax payments, handle remittance corrections
• Maintain compliance on wire and check policies
• Assist with file balances and stale checks
• Help with post-closing, recording and policy as necessary